KEY POINTS

• EMIR – 1 validation amendment, 1 deleted validation, 1 new MI
• EMIR Reconciliation – 1 TRAC ingestion amendment
• MiFIR – 1 ingestion format amendment, 1 validation amendment, 1 deleted validation
• Portal – menu re-organisation, 1 usage report amendment
• Action Log – user interface amendments

WHAT DO YOU NEED TO DO?

All users are recommended to re-start their TRAC desktop tool after the release. Otherwise, you can continue using TRAC tool as normal, there are no configuration changes required to benefit from the new features.

Ref	Product	Change	Affected feature	Client Description	Issue key
1	Accuracy: EMIR	Bug	E35 – Notional (2.20) for Futures	We have fixed an issue with E35 to trigger irrespective of the action type.	DEV-3130
2	Accuracy: EMIR	Delete	E174 – Fund (1.2) not trading with fund manager (1.4) for principal execution	We are deleting validation E174 as it is flagging for an edge case where Fund Manager is executing in principal capacity.	DEV-3133
3	Accuracy: EMIR	New MI	EMIR MI: CN Aggregator Pricing Data	We are introducing new EMIR MI – CN Aggregator Pricing Data, this MI can help estimate the TR charges and potential savings when moving to self-reporting model.	DEV-3116
4	Accuracy: EMIR Reconciliation	Improvement	TRAC Tool	We have amended the TRAC tool behaviour for the EMIR Reconciliation module, to not require a full set of pairing and matching files. Users will receive a warning if one of the files are missing, but will be able to continue with processing.	DEV-3093
5	Accuracy: MiFIR	Ingestion	XML format	We have corrected an issue with ingesting .xml format files, where ‘Buyer/Seller Country Code of the Branch’ was not populated correctly.	DEV-3077
6	Accuracy: MiFIR	Bug	MiFIR MI: Transmission of order	We are introducing a new category to the MiFIR Transmission MI to identify transactions between connected entities.	DEV-3100
7	Accuracy: MiFIR	Delete: Validation	M275 – Quantity Type for FX Forwards is not MONE	We are deleting validation M275 due to ambiguous regulatory guidance.	DEV-3139
8	Accuracy: Portal	Bug	Usage Report	We have fixed an issue with downloading the past Summary reports from the TRA Usage Summary view in the portal.	DEV-3109
9	Accuracy: Portal	Portal UI	Portal Menu	We have re-organised the Portal Menu for easier navigation.	DEV-3113
10	Accuracy: General	Portal UI	Action Log	We have amended the Action Log by defaulting to “Client Action ID” instead of “Global ID.	DEV-2082
11	Accuracy: General	Portal UI	Action Log	We have made some amendments to Action Log comments view to allow for easier management of long comments.	DEV-2021

Please let us know if you have any questions: 

 

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